11
See all 11 photos
$1,790,000
Est. payment /mo
8 BD
4 BA
3,588 SqFt
Price Dropped by $59K
14722 Magnolia BLVD Sherman Oaks, CA 91403
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UPDATED:
12/05/2024 05:20 AM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,588 sqft
Price per Sqft $498
MLS Listing ID 24463765
Bedrooms 8
HOA Y/N No
Year Built 1955
Lot Size 6,503 Sqft
Property Description
Rare R3 Zoning. Calling all 1031 Clients & Investors! Discover a rare gem in Sherman Oaks, just North of Ventura Blvd. This prime location offers proximity to the 101 and 405 freeway, shopping malls, markets, and public transportation.Featuring four units with two bedrooms one bath, hardwood floors, living and dining breakfast areas, patios, and shared laundry, this property also includes "Approved Plans and Permits "to build two new additional units which are paid for with complete modern appliances, washer and dryer, maximizing its value.Each unit, approximately under 900 sq ft, presents immense potential, with an existing one already remodeled with a washer and dryer and boasting a private backyard. With four-car garage, driveway parking, solar panels, newer electrical and plumbing systems, this property promises significant rental potential and growth. Don't miss out on this remarkable investment opportunity!
Location
State CA
County Los Angeles
Area So - Sherman Oaks
Zoning LAR3
Interior
Heating Wall Furnace
Fireplace No
Exterior
Parking Features Covered, Driveway, Community Structure
Attached Garage Yes
Building
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 2263037008
Special Listing Condition Standard
Listed by Todd Marks • Berkshire Hathaway HomeServices California Properties